# PPP loan: XTELESIS CORPORATION
> **$408K** approved 04/27/2020 · Paid in Full · Loan `3677737203`
## Borrower
- **Name:** XTELESIS CORPORATION
- **Address:** 800 Airport Boulevard, Ste. 506, Burlingame, CA, 94010
- **NAICS:** 541519
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $408K
- **Initial approval:** $408K
- **Forgiven:** $414K (101%)
- **Forgiveness date:** 09/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $408K
- **Jobs reported:** 19
## Lender
- **Originating:** American Express National Bank
- **Servicing:** American Express National Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*